Looking at the monthly Stoch RSI we are in between 80-100 (which usually indicates to sell). BUT looking at the past monthly Stoch RSI, we can see that the last bull run was in full effect when the stoch RSI was bouncing between 80-100. I believe we are in a bull run and the next 2 years will be extremely profitable for anyone who holds.
Past trends indicate that BTC will go to $330k but this is highly unlikely this bull run. The market cap for BTC to reach the price of $330k will be $5.5T, the highest the market cap has been so far is $330B. Fair guesstimate is that BTC will reach a price between $40k-60k with a marketcap around $1T this bullrun. Getting to $1T market cap will require the highest market cap so far to go up 3x or another $660B. That's a massive amount of money but it's definitely possible in this bull run.
Past trends indicate that BTC will go to $330k but this is highly unlikely this bull run. The market cap for BTC to reach the price of $330k will be $5.5T, the highest the market cap has been so far is $330B. Fair guesstimate is that BTC will reach a price between $40k-60k with a marketcap around $1T this bullrun. Getting to $1T market cap will require the highest market cap so far to go up 3x or another $660B. That's a massive amount of money but it's definitely possible in this bull run.